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Corporations don’t need a tax cut, so why is Obama proposing one?

Robert Reich, professor of public policy | February 23, 2012

The Obama administration is proposing to lower corporate taxes from the current 35 percent to 28 percent for most companies and to 25 percent for manufacturers. The move is supposed to be “revenue neutral” – meaning the Administration is also proposing to close assorted corporate tax loopholes to offset the lost revenues. One such loophole … Continue reading »

Newt’s tax plan — and why his polls rise the more outrageous he becomes

Robert Reich, professor of public policy | December 14, 2011

Newt Gingrich has done it again. With his new tax plan he has raised the bar from irresponsibility to recklessness. Every dollar estimate I’m about to share with you comes from the independent, non-partisan Tax Policy Center – a group whose estimates are used by almost everyone in Washington regardless of political persuasion. First off, Newt’s … Continue reading »